Student Debt in the Time of Coronavirus

Thanks to the Coronavirus Aid, Relief and Economic Security (CARES) Act, plan sponsors can assist their workers in paying down student loan debt, tax-free. While the newly established $5,250 employer contribution limit is significant, the reality is that the aid can only do so much to reduce the massive student loan debt load carried by the U.S. workforce…When advisers understand the mechanics surrounding loan debt, relaying such knowledge to their clients can end up relieving at least some of their worries, says Laurel Taylor, CEO and founder of FutureFuel.io, a student debt assistance platform. Read more >>